Vice President of Mortgage Lending Salary in Scranton, Pennsylvania

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Vice President of Mortgage Lending Salary in Scranton, PA

How much does a Vice President of Mortgage Lending make?

As of December 01, 2024, the average annual pay of Vice President of Mortgage Lending in Scranton, PA is $250,690. While Salary.com is seeing that Vice President of Mortgage Lending salary in Scranton, PA can go up to $366,845 or down to $131,287, but most earn between $188,190 and $311,490. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Mortgage Lending in the United States.

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Vice President of Mortgage Lending Salaries by Percentile
Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $311,490 $25,958 $5,990 $150
Average $250,690 $20,891 $4,821 $121
25th Percentile $188,190 $15,683 $3,619 $90
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Average Salary

25% $188,190 10% $131,287 90% $366,845 75% $311,490 $250,690 50%(Median) Didn’t find job title? Click
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View Vice President of Mortgage Lending Salary by Hour, Week, Month, Year

Salary.com provides you with accurate and diversified Vice President of Mortgage Lending salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Vice President of Mortgage Lending hourly pay, weekly pay, monthly pay and so on.

Last Updated on December 01, 2024
$188,190
Average
$250,690/year
$311,490
$15,683
Average
$20,891/month
$25,958
$3,619
Average
$4,821/week
$5,990
$90
Average
$121/hour
$150
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $311,490 $25,958 $5,990 $150
Average $250,690 $20,891 $4,821 $121
25th Percentile $188,190 $15,683 $3,619 $90
Last Updated on December 01, 2024

View Vice President of Mortgage Lending Salary by Experience Levels

An entry-level Vice President of Mortgage Lending with under 1 year experience makes about $211,491. With less than 2 years of experience, a mid-level Vice President of Mortgage Lending makes around $217,074. After 2-4 years, the Vice President of Mortgage Lending pay rises to about $224,517. Those senior Vice President of Mortgage Lending with 5-8 years of experience earn roughly $235,683, and those Vice President of Mortgage Lending having 8 years or more experience are expected to earn about $249,640 on average.

Levels Salary
Entry Level Vice President of Mortgage Lending $211,491
Intermediate Level Vice President of Mortgage Lending $217,074
Senior Level Vice President of Mortgage Lending $224,517
Specialist Level Vice President of Mortgage Lending $235,683
Expert Level Vice President of Mortgage Lending $249,640
$211,491 0 yr
$217,074 < 2 yrs
$224,517 2-4 yrs
$235,683 5-8 yrs
$249,640 > 8 yrs
Last Updated on December 01, 2024
Entry Level 16%
Mid Level 13%
Senior Level 10%
Top Level 6%
Experienced 0%
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Last Updated on December 01, 2024

Highest Paying Cities in Pennsylvania for Vice President of Mortgage Lending

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Cost of Living In Scranton, PA

Cost of Living in Scranton , PA is
-4.1% Lower
than the National Average
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Best-Paid Skills and Qualifications for Vice President of Mortgage Lending

What skills does a Vice President of Mortgage Lending need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.

2.

Loan Underwriting: Underwriting is the process by which the lender decides whether an applicant is creditworthy and should receive a loan. is a crucial aspect of the loan process a home loan, business loan, car loan, or personal loan.

3.

Life Insurance: Life Insurance can be defined as a contract between an insurance policy holder and an insurance company, where the insurer promises to pay a sum of money in exchange for a premium, upon the death of an insured person or after a set period

See More Skills
Products and Services 6.98%
Loan Underwriting 4.65%
Life Insurance 2.33%
Others 86.04%
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What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Vice President of Mortgage Lending higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Credit Card, you can get a 2% salary raise. If you are good at Communicates Effectively, your salary will increase by 1%.
Skill Salary Demand
Credit Card
 $255,704
2%
Communicates Effectively
 $253,197
1%
Communicates Effectively
 $253,197
1%
Communicates Effectively
 $253,197
1%
Communicates Effectively
 $253,197
1%
Get Latest Data
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Vice President of Mortgage Lending is $250,690 per year in Scranton, PA, updated at December 01, 2024.
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